On Tuesday, December 08, 2009, the
US Department of Commerce (DOC) announced the preliminary results of its administrative review of the antidumping (AD) order against circular welded non-alloy steel
pipe (standard
pipe) from Korea.
The review covers six Korean producers/exporters - SeAH Steel Corporation; A-JU Besteel Co., Ltd.; Dongbu Steel Co., Ltd.; Korea Iron & Steel Co., Ltd.; Nexteel Co., Ltd.; and Union Steel Co., Ltd. -- during the period from November 1, 2007 through October 31, 2008.
The DOC has preliminarily determined that the weighted-average dumping margin for the mandatory respondent, SeAH Steel, is 4.42 percent. The DOC has assigned the same preliminary margin of 4.42 percent to the other companies subject to this review.
The current dumping duty deposit rates are 0.66 percent for SeAH Steel; 4.80 percent for A-JU Besteel; 1.71 percent for Dongbu Steel; 0.71 percent for Korea Iron & Steel; 4.80 percent for Nexteel; and 0.71 percent for Union Steel.
The DOC plans to complete this administrative review by April 2010. Until that time, the current dumping duty deposit rates will remain in effect. Any change in the deposit rates as a result of this review will become effective only when the DOC's final results are published in the Federal Register.